3 Beds   2 Baths   Single-Family
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N Cleveland St
Bailey, TX 75413

*Rental Value Coming Soon


This Single-Family Foreclosure is located at N Cleveland St, Bailey, TX 75413. It has 3 Beds, 2 Baths. This property is currently bank owned.
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Status: Active
Listing ID: 59847684
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Learn about N Cleveland St in Bailey, TX

This single-family property is available as a foreclosure at N Cleveland St. Based on our analysis of the current market conditions in Bailey for N Cleveland St and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at N Cleveland St are updated daily along with others in Bailey, Texas. Since this property is a foreclosure, check out our Foreclosure Timeline for N Cleveland St below to see helpful information about this listing.

Foreclosure Timeline

N Cleveland St in Bailey Texas Property History

Not in Foreclosure



Bank Owned

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Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $170,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Listing History

Start Date End Date Listing Type Bank Name
01/17/23 02/07/23 Preforeclosure
01/05/23 02/07/23 Preforeclosure ROCKET MORTGAGE LLC

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N Cleveland St
Bailey, TX 75413

3 Beds   2 Baths   Single-Family


Status: Active Listing ID: 59847684

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